OK Zim CEO Alex Siyavora to retire, Maxen Karombo assumes role

  • Siyarova retires after 15 years with the company
  • Karombo will take over from 5 April 2021
  • OK was named winner of the Top Performing Companies listed on the ZSE in 2018

Leading supermarket retailer, OK Zimbabwe Limited announced Chief Executive Officer Mr. Alex Siyavora will retire on 31 March 2021. Replacing him will be a prominent businessman and marketer Maxen Karombo who will take over from the 5th of April 2021.

Siyavora has been with OK Zimbabwe for the past 15 years after joining the group in 2001 as finance director after having worked for Price Waterhouse Chartered Accountants (Zimbabwe). His illustrious career also includes a stint with Coca-Cola Swaziland where he worked as Finance Manager as well as Merlin Limited as the Group’s Finance Director.

In a statement, the retail giant expressed gratitude to Mr. Siyavora who under his leadership the company was named winner of the Top Performing Companies listed on the ZSE in 2018, and was also runner-up in 2019 and 2020.

“He extended the store’s footprint nationwide and the extensive refurbishment of 67 stores as well as overseeing the company’s’ brand refresh’ innovation program,” the Group said.

Meanwhile, his successor joins OK from Delta Corporation where he held the position of Executive Director for 10 years having held various senior leadership positions in marketing and Operations leveraging on his robust training in Marketing.

Karombo holds a Master’s degree in Business Administration and a Bachelor of Technology Management (Hons) degree from the University of Zimbabwe. He was first certified as a Chartered Marketer in 1999 by the Chartered Institute of Marketing (UK) and is also a recipient of the Outstanding Marketing Personality of the Year from the Markets Associations of Zimbabwe.

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